Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tonych
on 13/07/2017, 14:10:46 UTC
Distribution of bytes is finished, 110,411.089425997 GB distributed.  New available supply is 365,903.008377294 GB.  It is already updated on coinmarketcap.

Distribution of blackbytes will start in a few hours and will take much longer, likely more than 1 day.  I'll post when it is done.

Distribution of blackbytes is also finished now.

The next round is scheduled for the Full Moon of August: August 7, 2017 at 18:10 UTC.  The rules stay the same:

BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes

Putting this another way, to receive 1 GB from the distribution, you need to already hold 16 BTC or 5 GB.  These same holdings also give you 2.1111 GBB (giga-blackbytes).